NCLT clears JNPT’s plan to acquire Dighi Port, rejects Adani plea
Advertisement

NCLT clears JNPT’s plan to acquire Dighi Port, rejects Adani plea

By Beena Parmar

  • 14 May 2019
Premium
NCLT clears JNPT’s plan to acquire Dighi Port, rejects Adani plea
Credit: Pexels

A bankruptcy court has approved a resolution plan by government-owned Jawaharlal Nehru Port Trust (JNPT) to buy debt-laden Dighi Port Ltd and rejected pleas by other suitors including an Adani Group company. The Mumbai bench of the National Company Law Tribunal, however, dismissed the JNPT’s requests to waive stamp duty and ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.
Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News